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  • Price increase: $150K (6/29)
    $1,250,000

    405 First Street, Crested Butte, CO 81224

    3beds
    1,331sqft
    : 
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    Stick Built
    Built in 1975
    2,352 Square Feet Lot
    $1,214,400 Zestimate®
    $939/sqft
    $-- HOA

    What's special

    Shady treesPerennials gardensFlagstone patioClassic charming homeRare opportunity
    A rare opportunity to purchase a very special cabin at the top of Elk Avenue in Crested Butte. Originally built in the 1970's this classic charming home, formerly "Crested Butte Bathhouse", is located in the commercial/residential core of Crested Butte providing a buyer multiple opportunities for use. The legal description states this is a townhome. 32 Elk & 405 First has been legally separated and the original HOA has been dissolved, leaving a stand alone home with an incredibly quiet & private patio, just steps from Elk avenue. As you enter the property, a flagstone patio with perennials gardens & shady trees create the perfect space to relax & enjoy views of Mt Crested Butte! Once inside, You can feel the "CB character" with old world wood doors & floors leading into the kitchen. Both a primary bedroom & ensuite bath & bunkroom are located on the first floor. The sunken living room is where the old "Bathhouse" was located, with an incredible view of Mt Crested Butte and is one of the more cozier spaces you will be drawn to. The second level of the home features a large loft that overlooks the living area, providing a perfect space for an office or overflow, for guests. A third bedroom is located next to the loft with its own private entry stairwell to the outside. Just steps from your favorite restaurants & one block from the year round free bus service to the resort, this home is a slam dunk location!!! Come see a piece of fun CB history & fall in love with this sweet home.
    10 days
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    1,005
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    42
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    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Rachael Baskfield Miller C:970-596-4423,

    Coldwell Banker Mountain Properties

    Source: CREN,MLS#: 836538MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Primary bedroom
      • Level: Main
      Dining room
      • Features: Eat-in Kitchen
      Cooling
      • Ceiling Fan(s)
      Appliances
      • Included: Dishwasher, Dryer, Range, Refrigerator, Washer
      Features
      • Ceiling Fan(s)
      • Flooring: Carpet-Partial, Hardwood, Linoleum, Tile
      • Windows: Window Coverings, Skylight(s)
      • Has fireplace: Yes
      • Fireplace features: Stove Insert
      Interior area
      • Total structure area: 1,331
      • Total interior livable area: 1,331 sqft

      Property

      Features
      • Levels: Two,Split-Level
      • Stories: 2
      • Has view: Yes
      • View description: Mountain(s)
      Lot
      • Size: 2,352 Square Feet
      Details
      • Parcel number: 325503152013
      • Zoning description: Commercial,Residential Single Family

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Stick Built
      Materials
      • Wood Frame, Log Siding, Wood Siding
      • Foundation: Slab
      • Roof: Metal
      Condition
      • New construction: No
      • Year built: 1975

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: City Water
      • Utilities for property: Cable Connected, Electricity Connected, Internet, Natural Gas Connected

      Community & HOA

      Community
      • Subdivision: Other
      HOA
      • Has HOA: No
      Location
      • Region: Crested Butte

      Financial & listing details

      • Price per square foot: $939/sqft
      • Tax assessed value: $1,093,250
      • Annual tax amount: $5,084
      • Date on market: 6/29/2026
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        $1,214,400

        $1.15M - $1.28M

        $2,696/mo

        Price history

        DateEventPrice
        6/29/2026Price change$1,250,000+13.6%$939/sqft
        Source: CREN #836538 Report a problem
        11/9/2021Price change$1,100,000-8.3%$826/sqft
        Source: CREN #786421 Report a problem
        9/1/2021Listed for sale$1,200,000$902/sqft
        Source: CREN #786421 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,804 +2.8%$68,330 -4.9%
        2024$4,674 +4.8%$71,850 +0.4%
        2023$4,458 +10.4%$71,530 +25.8%
        2022$4,037 +23.5%$56,880 -2.8%
        2021$3,268 $58,510 +22.4%
        2020$3,268 +11.7%$47,810 -0.7%
        2019$2,925 $48,140 +14.1%
        2018$2,925 $42,200
        2017$2,925 -0.7%$42,200 +14.6%
        2016$2,945 +173%$36,810
        2015$1,079 $36,810 +15.6%
        2014-- $31,840
        2013-- $31,840 +44.1%
        2011-- $22,090 -47.3%
        2010-- $41,890
        2009-- $41,890

        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 81224

        Getting around

        66 / 100
        Somewhat Walkable
        74 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Crested Butte Community K-12
        • Middle: Crested Butte Community K-12
        • High: Crested Butte Community K-12

        Source: CREN. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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